SOURCE: Camelot Entertainment Group, Inc.

Camelot Entertainment Group, Inc.

September 23, 2010 09:15 ET

Camelot to Unleash Film Library at MIPCOM

World Content Market Starts October 4 in Cannes

UNIVERSAL CITY, CA--(Marketwire - September 23, 2010) - Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that it expects to garner significant sales from its recently acquired film library at the 2010 World's Entertainment Content Market ("MIPCOM"). MIPCOM will take place from October 4-8, 2010 in Cannes, France. Leading Camelot's sales efforts at MIPCOM will be Jeffrey Giles, Camelot's Vice President of Sales.

"Camelot Dsitribution Group, along with our genre division DarKnight Pictures, has been steadily preparing for our first major market of the fall season," stated Jamie Thompson, President of Camelot Distribution Group. "We have already received significant buyer interest in many of our library titles in addition to our newer titles. We are really looking forward to this market."

Since completing its first substantial film library acquisition on April 28, 2010, Camelot has seen a steady increase in sales along with sustained growth in operations. MIPCOM marks the first time Camelot will have the opportunity to showcase its 800 plus title film library at a major market.

"These are exciting times for us," Thompson added. "With more than 20 employees and consultants now part of the Camelot family, everyone is working very hard to take Camelot to the next level. It's a long and difficult process, but everyone here is completely dedicated to achieving our goals. Our presence at MIPCOM is a major step for us."

ABOUT CAMELOT ENTERTAINMENT

Camelot Entertainment Group, Inc. (www.camelotent.com) is a US publicly traded company (OTCBB: CMGR) with four divisions: Camelot Film Group, Camelot Distribution and DarKnight Pictures, Camelot Studio Group and Camelot Production Services Group. Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Camelot is a member of the Independent Film & Television Alliance (IFTA).

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.

Contact Information

  • Contact:
    Jonathon Russo
    Camelot Entertainment
    Email Contact
    (772) 919-8747

    Media Contact:
    Jessica Kelly
    Camelot Distribution
    Email Contact
    (818) 308-8858